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2023's top 5 dividend gems: Multibagger micro-cap with a remarkable 2400 per cent dividend payout ratio!

In this article, we undertake top 5 dividend stocks by dividend yield and dividend payout ratio stating importance of dividend stocks.

Prajwal Wakhare 0 7704 Article rating: 3.5

A dividend is a distribution of a portion of a company's earnings to its shareholders. Dividends are typically paid out quarterly, but can also be paid annually or semi-annually. Not all companies pay dividends, but those that do typically do so because they have a steady stream of cash flow and are profitable.

Stocks to watch: These small-cap stocks will be in focus tomorrow!

Nagreeka Exports, Dharamsi Morarji Chemical Company, Jash Engineering, Siyaram Silk Mills, Garden Reach Shipbuilders & Engineers, Hardwyn India, Kitex Garments, Gufic BioSciences, and Mazagon Dock Shipbuilders made a fresh 52-week high today.

Armaan Madhani 0 1063 Article rating: 4.6

BSE Smallcap index underperformed the broader markets, recording losses of 1.47 per cent, closing at 29,441.67.

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